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Comcast plans to build a $1.2 billion, 1,121-foot-high skyscraper in Philadelphia. The 59-story tower, which would be the company's "dedicated home," will be a joint project with Liberty Property Trust, a real estate investment trust that will assume 20% ownership. Work on the stainless steel-and-glass building designed by Norman Foster is slated to begin this summer and, when finished in 2017, will be the "tallest building [in the U.S.] outside of New York and Chicago."

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Alaska may invest up to $5.7 billion to help TransCanada, BP, Exxon Mobil, and ConocoPhillips build a natural gas processing plant, a liquefaction facility and an 800-mile pipeline in the state. The aim of the project, originally estimated to cost $45 billion and now with estimates as high as $65 billion, is to harvest gas from the Prudhoe Bay oil field. The state's investment would give it equity interest in the project. The state Legislature still needs to approve the plan.

Six teams have proffered their qualifications to design, build and operate a 12-mile segment of the Illiana Corridor in Indiana. Five of those teams also submitted paperwork to Illinois for work on the corridor in that state. The billion-dollar-plus, 47-mile-long highway will be a public-private partnership. The interested teams are led by ACS Infrastructure Development; Flour Enterprises; Cintra Infraestructuras, S.A.; SNC-Lavalin Capital; and Walsh Investors.

Comcast and Liberty Property Trust are planning to develop a $1.2 billion office tower next to Comcast's headquarters in Philadelphia. The project, the Comcast Innovation and Technology Center, will include a Four Seasons hotel. Comcast will sign a 20-year lease for 957,000 square feet in the 59-story building.

Comcast plans to build a $1.2 billion all-glass skyscraper adjacent to its corporate headquarters in Philadelphia that will become the city's tallest building. The 59-story Comcast Innovation and Technology Center is meant to be a "vertical urban campus" for the company's software designers, engineers and product developers, according to CEO Brian Roberts.

A funding shortfall has forced Shalva Chigirinsky, developer of the 2,000-foot steel-and-glass Russia Tower, to stop construction on the project. The Moscow skyscraper was designed by Norman Foster to be the tallest building in Europe. His firm said "the project isn't on hold as far as we are concerned." The tower was scheduled for completion in 2012.